EdgeConneX Acquisition, Valuation, Funding & Investors

Selectel is a St. Petersburg-headquartered provider of cloud and hosting services from six Tier-III data centers across Russia, including locations in Moscow and Novosibirsk. It supplies dedicated servers, colocation racks, virtual private servers, and public cloud infrastructure with a 100% uptime service level agreement. Additional offerings encompass DDoS mitigation, content delivery networks, and a proprietary fiber-optic backbone network spanning 10,000 kilometers. Founded in 2006, Selectel serves over 7,000 clients including Yandex and Kaspersky Lab, generating annual revenues exceeding $100 million.

Lambda is a provider of GPU-accelerated cloud and hardware solutions for AI workloads including model training, fine-tuning, inference, and deployment. Its platform offers on-demand NVIDIA A100 and H100 GPU instances, multi-node clusters scaling to thousands of GPUs, pre-configured workstations with RTX GPUs, and a software stack integrating PyTorch, TensorFlow, and Kubernetes. Founded in 2012, the San Francisco-headquartered company serves over 5,000 AI teams worldwide, including researchers from OpenAI and Meta, and delivers clusters with up to 99.9% uptime for enterprise-scale ML pipelines.

Beijing Sinnet Technology Co Ltd is a professional data center and cloud computing service provider in China. The company's main business is Internet data center services (IDC and its value-added services), cloud computing services, Internet broadband access services (ISP) and other Internet integrated services.

Starcloud is a U.S.-based venture developing orbital data centers powered by space-based solar energy. The company plans megawatt-scale facilities scalable to gigawatts, leveraging vacuum cooling and low-latency satellite links for hyperscale computing. Headquartered in Los Angeles, Starcloud collaborates with launch providers like SpaceX to deploy modules via Falcon 9 rockets. Founded in 2022, it targets AI and cloud providers seeking cost reductions from space's unlimited sunlight and radiation-hardened infrastructure.

Vultr is a Miami-headquartered cloud infrastructure platform offering NVIDIA GPUs, AMD CPUs, and GPUs in 32 global regions. Founded in 2014, it provides bare metal servers, cloud compute, managed Kubernetes, databases, storage, and networking services. Recognized by IDC as a Major Contender in the 2025 Public Cloud MarketScape, Vultr supports AI workloads for enterprises via hourly billing and a marketplace of integrated partners.

VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of September 2025, it had 52,288 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 783 MW of wholesale capacity in service, with a further 306 MW under construction and a further 705 MW held for future development.

Yotta Infrastructure is a Mumbai-headquartered data center operator, part of the Hiranandani Group, managing India's largest hyperscale parks in Greater Noida and Panvel. Launched in 2021, the company offers colocation, cloud services via Yotta D1, managed security, and connectivity with capacities exceeding 500 MW. It hosts clients like Google Cloud and NVIDIA, achieving Tier 3+ certifications. Yotta Infrastructure spans 4 million square feet, supporting AI workloads and edge computing across India with fiber connectivity to Mumbai financial hubs.

Wangsu Science & Technology Co Ltd is a China-based company engaged in the provision of telecommunication value-added services. It is mainly engaged in the provision of a content delivery network (CDN) services, Internet data center (IDC) services, and cloud service integrated solutions. The company operates its business in domestic and overseas markets.

NextDC operates 17 data centers in Australian cities with a focus on colocation and interconnection between enterprises, global cloud, and ICT providers and telecommunication networks. It has another 2 data centers in Asia and 13 data centers in development or planning stage in Australia, Asia and New Zealand. NextDC provides physical space, cooling, power and security services and offers optional technical and project management support. The company’s tenants store their servers within the data center and can connect to each other, to and between global public cloud providers and telecommunication network providers via physical and virtual connections. Colocation services allow enterprises to enhance security of data transmission and reduce latency.

GDS Holdings started as an IT service provider in 2001 then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. Its data centers are located predominantly in and around the Tier 1 cities in China and it has also started an expanding into Southeast Asia via the now 38% owned DayOne. GDS listed on the Nasdaq in 2016 and completed a secondary listing in Hong Kong in 2020.

Beijing Topnew Info & Tech Co Ltd is a software company providing internet data center services, cloud services, internet access services, internet data center and cloud platform information system integration services, and application software development services. The company provides high-end IT technical services for multinational companies, and provides customers with customized comprehensive solutions such as design, procurement, configuration, testing, installation, inventory management, and transportation services, and delivers IT services all over the world.

Inspur Cloud is a Jinan-headquartered provider launched in 2010 that supplies datacenter infrastructure and cloud services globally. Its offerings encompass servers, storage systems, artificial intelligence platforms, high-performance computing solutions, and software outsourcing for government and enterprise clients.

Applied Digital Corp is a U.S. based designer, developer, owner, and operator of large-scale, purpose-built data centers engineered to support high-performance computing (HPC) workloads, including artificial intelligence (AI), machine learning, and other accelerated-compute applications. It design, build, and operate high-performance, sustainably engineered data centers which it refer to as AI factories and deliver that capacity to investment-grade hyper scalers and other compute customers under long-term lease and hosting arrangements. The company has two segments Data Center Hosting Business, and HPC Hosting Business. The company generates majority of revenue from Data Center Hosting Business segment. Its solutions are Digital Infrastructure, and AI Factories.

Oracle Corp Japan is an information technology company. Its products cover database management, enterprise resource planning, supply chain management, data warehousing, customer relationship management, middleware, business intelligence, and application products. The firm provides cloud solutions, business solutions, industry solutions, mobile solutions, technology solutions and consulting, financing, training, cloud, and others. The company operates through three reportable segments: Cloud & License, Hardware Systems, and Services.

Nscale is an AI infrastructure company and global hyperscaler that builds, owns, and operates data centers and high-density GPU clusters. The neocloud startup integrates everything from renewable power generation to hardware and orchestration software to support AI training, fine-tuning, and inference workloads for enterprises and governments. Unlike traditional cloud providers, Nscale builds and operates its own data centers in regions with abundant, low-cost renewable energy (e.g., hydropower in Norway, renewables in Texas). In West Virginia, the company even owns behind-the-meter natural gas power plants to insulate operations from local grid fluctuations.

Thought Machine is a London-headquartered fintech founded in 2017, delivering the Vault Core cloud-native banking platform to replace legacy systems. Adopted by JPMorgan Chase for its digital bank, Lloyds Banking Group, and Standard Chartered across retail, corporate, and investment banking, Vault supports real-time processing via microservices on AWS and Google Cloud. The platform handles mortgages, deposits, and payments compliant with PSD2 regulations. Thought Machine serves 20+ financial institutions globally with headquarters in the UK and offices in Singapore and New York.

United Internet Ventures operates high-performance internet infrastructure with data centers supporting 61 million customer accounts across Europe. The group manages brands like 1&1 IONOS, GMX, WEB.DE, Strato, and Fasthosts, alongside investments in listed and startup companies. Headquartered in Montabaur, Germany, since 1995, it employs thousands in product development and sales.